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CYBER CRIME COMPENSATION GUIDELINES
SC asks WhatsApp, others to list measures to prevent digital arrest, related cyber crimesIn an order uploaded on the website with regard to the hearing conducted on October 29 in a suo motu case titled 'In Re: Victims of Digital...- SBI told to refund Rs 1.59 lakh with 9% interest after 68-year-old who never activated his ATM card lost money through multiple AePS transactionsThe Rajkot District Consumer Disputes Redressal Commission has directed SBI to refund Rs 1,59,999 to a 68-year-old customer after unauthori...
- Under attack, banks bolster cyber covers, opt for higher sum assured to protect against hitsFor large financial institutions, the biggest impact often is the loss arising from systems remaining unavailable after an attack, rather t...
- 22-year-old man turns Green Gas meter update into Rs 32 lakh scam; Lucknow resident loses fortune after downloading WhatsApp APKLucknow Cyber Crime Police have arrested a 22-year-old man from Dhanbad, Jharkhand, over an alleged fake Green Gas meter update app scam th...
- Cybercrime networks shift to smaller, mobile scam operations amid enforcement pressure: FATFIn its report released from Paris, the global money-laundering watchdog said large, fortified compounds where cyber slaves were forced to c...
- Cybercrime networks shift to smaller, mobile scam operations amid enforcement pressure: FATFIn its report released from Paris, the global money-laundering watchdog said large, fortified compounds where cyber slaves were forced to c...
- OpenAI launches GPT-6 Cyber with 'Critical' cybersecurity ratingOpenAI released GPT-6 Cyber, a model built to find and exploit security flaws, to a small group of vetted customers on Thursday, rating it ...
- Delhi Police files FIR against Meta India over child sexual abuse material on its platformsIn response to directives from the National Human Rights Commission, Delhi Police has launched an FIR against Meta India, concerning the al...
- SBI-led banking alliance comes together to mount a defence to AI threatsIndian Banks' Association, led by State Bank of India, is developing a strategy for cybersecurity in the AI era. The initiative focuses on ...
- Central cyber security agency warns banks, NBFCs of AI attacks; I4C reveals how hackers are executing multi-crore fraudsI4C has warned banks, NBFCs and fintech firms about AI-powered cyberattacks that enable hackers to execute fraudulent transactions at machi...
- ETtech Explainer: Why SIM-binding is a concern for consumers and businessesA new study raises alarms about the Department of Telecommunications' proposed SIM-binding requirement for messaging applications. The mand...
- Binance co-CEO says company is in very strong financial health after $6.3 billion heistTeng told a Hong Kong Fintech Week event Binance's hourly inflows and outflows had "pretty much normalised" and 95% of the affected tokens ...
- 'A trite provocation': North Korea denies involvement in $6 billion Binance hack, criticizes FBI probeNorth Korea has rejected the claims of its involvement in the recent Binance cryptocurrency theft exceeding USD 6 billion. The FBI had accu...
- Government giving Rs 8,000 as diwali bonus? PIB responds to viral claimThe Press Information Bureau issued a warning about fraudulent WhatsApp messages claiming an Rs 8,000 Diwali bonus. These messages ask reci...
- Spandana Sphoorty Financial reports cyberattack involving its bank accountSpandana Sphoorty Financial encountered a cyber fraud incident with unauthorized transactions on November 1. The amount involved was approx...
- Andhra landowners sought 20x compensation after price boom, but lost case in High Court for this reasonThe Andhra Pradesh High Court rejected the landowners’ request for enhanced compensation by noting that the landowners relied on market val...
- RBI digital fraud rules from January 1, 2027: Will you get 85% of your money back after an online scam?
- SC cracks down on banks, seeks mandatory payouts to cyber fraud victimsThe Supreme Court has questioned the Reserve Bank of India's effectiveness in preventing digital fraud. Financial institutions must be held...
- SC calls for compensation to digital fraud victims if banks fail due diligenceThe Supreme Court has highlighted banks' accountability regarding digital fraud, asserting that victims deserve compensation for losses due...
- This is "digital dacoity", won't allow consolidation of cases: SC gives key ruling against cyber scam mule a/c holders Nidhi Bhandari, Gourab SahaStrongly condemning the organised cyber crime rackets targeting senior citizens through digital arrests, CJI Surya Kant said those involved...
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